Transparency
Market Research offer an 8-year forecast for the global Haitian
vetiver oil market between 2016 and 2024. In terms of volume, the
market is expected to register a CAGR of 1.5% during the projected
period. The primary objective of the report is to offer insights on
the advancements in the Haitian vetiver oil marketHaitian vetiver oil
market. The study demonstrates market dynamics that are expected to
influence the current environment and future status of the global
Haitian vetiver oil market over the forecast period. The primary
objective of this report is to offer updates on trends, drivers,
restraints, value forecasts, and opportunities for manufacturers
operating in the global Haitian vetiver oil market.
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The
global Haitian vetiver oil market has been witnessing significant
increase in volume share owing to increasing prominence of
aromatherapy. The globally increasing demand for therapeutic and
aromatic oils is a result of the growing preference for convenient,
harmless, and natural alternatives to allopathic solutions. Haitian
vetiver oil is relatively popular in aromatherapy and has many
medicinal properties, which include anti-inflammatory properties,
cicatrisant properties, and antiseptic properties. It is known to
have aphrodisiac effect, and is also used as tonic, nervine, and
sedative. It also offers benefits to patients suffering from
rheumatism, arthritis, gout, muscular aches, dryness, and cracking of
the skin.
A
section of report discusses on how the overall competition in the
market is steadily increasing. It discusses various factors that are
shaping internal as well as external competition in the market. On
the basis of product type, the market is segmented into organic and
conventional. The natural ingredient status, beneficial cleansing
properties, and pleasant aroma, vetiver oil is being increasingly
used in personal-care products. This essential oil is used in creams
and lotions for moisturizing and nourishing skin and thus expected to
see a rise in market growth during the forecast period. In addition,
it is imperative to note that in an ever-fluctuating global economy,
we not only conduct forecasts in terms of CAGR, but also analyses on
the basis of key parameters such as year-on-year (Y-o-Y) growth to
understand the predictability of the market and to identify the right
opportunities.
The
report further talks about the market share of total Haitian
vetiver oil market by different application segment including
perfume and scent products, pharmaceuticals, food and beverages, and
others. It also discusses key trends contributing to growth of the
Haitian vetiver oil market globally, as well as analyses the degree
to which drivers are influencing the market in each region. Key
regions assessed in this report include North America, Latin America,
Europe, Asia Pacific (APAC) and Middle East and Africa (MEA). Also,
another key feature of this report is the analysis of all key
segments in terms of absolute dollar. This is traditionally
overlooked while forecasting the market. However, absolute dollar
opportunity is critical in assessing the level of opportunity that a
provider can look to achieve, as well as to identify potential
resources from a sales and delivery perspective in the global Haitian
vetiver oil market.
In
the final section of the report, a competitive landscape has been
included to provide report audiences with a dashboard view. Detailed
profiles of the providers are also included in the scope of the
report to evaluate their long-term and short-term strategies, key
offerings and recent developments in the Haitian vetiver oil market.
Key
players in the global Haitian vetiver oil market include
International Fragrance and Flavor Inc., Lluch Essence SL, UniKode
S.A., Frager S.A., Robertet Groupe, Ernesto Ventos SA, Floracopeia
Inc., Fleurchem Inc., and Haiti Essential Oil Co. SA.
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